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Angel Broking Vs AxisDirect Share Broker Comparison

The side-by-side comparison of Angel Broking Ltd and Axis Securities stock brokers in India. The comparison below highlights the similarities and differences between Angel Broking and AxisDirect's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Angel Broking and AxisDirect.

  Angel Broking Ltd Axis Securities
 
Angel Broking Ltd Logo Axis Securities Logo
About the Broker Incorporated in 1987, Angel Broking is one of the largest full-service retail brokers in India. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, lo... Know more about Angel Broking Ltd Incorporated in 2005, Axis Securities is a subsidiary company of Axis Bank Ltd. Company offers broking services and distribution of financial products to retail customers in India. Axis Sec offers a single account to its customer to invest in Equitie... Know more about Axis Securities
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE
Account Type Angel iTrade Trade@20 (SA75000)
Broker Enquiry Open an Online Trading Account with Angel Broking. Leave your contact info and we will get in touch with you. Open an Online Trading Account with AxisDirect. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Stock Broker Fees / Charges

  Angel Broking Ltd Axis Securities
Trading Account Opening Fees ₹600 ₹900 (3 in 1 account)
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹450 (from 2nd year onwards) ₹500
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Angel Broking Ltd Axis Securities
Account Type Angel iTrade Trade@20 (SA75000)
Fixed Charges
Equity Delivery Brokerage ₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) ₹20 per executed order
Equity Intraday Brokerage ₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) ₹20 per executed order
Equity Futures Brokerage Flat ₹30 per executed order ₹20 per executed order
Equity Options Brokerage Flat ₹30 per executed order ₹20 per executed order
Currency Futures Trading Brokerage Flat ₹30 per executed order 0.03% each side
Currency Options Trading Brokerage Flat ₹30 per executed order ₹20 per lot
Commodity Futures Trading Brokerage Flat ₹30 per executed order 0.03% each side
Commodity Options Trading Brokerage Flat ₹30 per executed order ₹50 per lot

Other Charges

Minimum Brokerage Charges Equity ₹15 | F&O ₹30 ₹20 per trade or 2.5% of the trade value whichever is lower
Other Brokerage Charges ₹250 per monthly fee if do not have axis bank account
Call & Trade Charges Additional ₹20 per executed order ₹20 per call post 20th call per month
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Taxes

  Angel Broking Ltd Axis Securities
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Angel Broking Ltd Axis Securities
Equity Delivery NSE ₹325 per crore | BSE ₹325 per crore 0.00325% (₹325/Cr)
Equity Intraday NSE ₹325 per crore | BSE ₹325 per crore 0.00325% (₹325/Cr)
Equity Futures ₹190 per crore 0.0019% (₹190/Cr)
Equity Options ₹5000 (on premium) per crore 0.05% (₹5000/crore)
Currency Futures ₹190 per crore 0.0019% (₹190/Cr)
Currency Options ₹5000 (on premium) per crore 0.05% (₹5000/crore)
Commodity MCX ₹150 per crore | NCDEX ₹300 per crore
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Exposure

  Angel Broking Ltd Axis Securities
Equity Delivery Upto 3x with 24% interest per year Nil
Equity Intraday Upto 10x Upto 10x
Equity Futures Upto 4x Nil
Equity Options 3x for shorting Nil
Currency Futures Upto 2x NA
Currency Options Upto 5x for shorting NA
Commodity 3x 3x
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Share Broker Features

  Angel Broking Ltd Axis Securities
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) DirectTrade, Swift Trade, Axisdirect Mobile
Intraday Square-off Time 3:15 PM 3:15
Other Features Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency Can trade in 32 exchanges through Saxo Trader
Referral Program
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Broker Ratings (Average User Rating)

  Angel Broking Ltd Axis Securities
  173 Customer Reviews    Rate Angel Broking 48 Customer Reviews    Rate AxisDirect
Fees Ratings 3.1 2.0
Trading Brokerage Rating 3.1 1.8
Trading Platform Usability 3.2 2.7
Customer Service Ratings 2.8 2.4
Overall Ratings Rated 2.9 stars Rated 2.2 stars
Broker Rating Angel Broking is Rated 2.9 / 5 based on 173 customer reviews AxisDirect is Rated 2.2 / 5 based on 48 customer reviews
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Contact Broker / Request A Call Back

  Angel Broking Ltd Axis Securities
Contact / Request Call Back
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Investment Options Available

  Angel Broking Ltd Axis Securities
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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Customer Service Offered

  Angel Broking Ltd Axis Securities
24/7 Customer Service No No
Onine Live Chat No No
Through Branches Yes Yes
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Order Type

  Angel Broking Ltd Axis Securities
Bracket Order No No
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) No No
Good Till Cancelled (GTC) Yes Yes
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Research / Tips / Reports Published

  Angel Broking Ltd Axis Securities
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

  Angel Broking Ltd Axis Securities
Casual Investor Yes
Active Investor Yes
Trader Yes

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Pros, Cons and Other Review Comments

  Angel Broking Ltd Axis Securities
Pros
  1. Flat fee discount brokerage plan. Pay maximum of ₹30 per executed order.
  2. Allows trade in commodity exchanges, MCX and NCDEX
  3. Easy-to-use online trading platforms
  4. High Quality Research Reports
  5. Free trading software - mobile, website and trading terminal.

More Advantages...

  1. Brokerage of flat ₹20 per trade in Equity and Equity Derivatives.
  2. Offers 3-in-1 investment account
  3. Free research reports
  4. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

Cons

More Disadvantages...

  • Minimum Average Quarterly Balance(AQB) of ₹75,000 in bank account is required. ₹250 per month fee if minimum balance not maintained.
  • Charges ₹250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at ₹2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged ₹20 extra per trade

More Disadvantages...

Reviews
Promo / Offers

Discount Brokerage Trading Plan (Flat Rate Pricing)

Get full-service brokerage services with discount broker's pricing. Pay flat ₹15 to ₹30 per executed order and save over 60% brokerage (in comparison to other full-service brokers). Get high-quality research reports and personalized services for free. Request a callback today.

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